OPEN-SOURCE SCRIPT
Adjusted MVRV Ratio Z-Score

//Z-scores are inverted by default, you are able to change that in settings
Adjusted MVRV Ratio Z-Score
This indicator aims to recreate the Adjusted MVRV Ratio metric available on the CryptoQuant website and display it in standardized values.
The Z-score is calculated based on user-defined standard deviation (SD) and mean settings, with an option to invert the values to cater to both bullish and bearish sentiment analysis.
Users can choose between two methods to calculate the standard deviation used in the Z-score calculation:
The indicator also allows plotting a Simple Moving Average (SMA) of the Z-scored metric for additional signal smoothing.
Adjusted MVRV Ratio Z-Score
This indicator aims to recreate the Adjusted MVRV Ratio metric available on the CryptoQuant website and display it in standardized values.
The Z-score is calculated based on user-defined standard deviation (SD) and mean settings, with an option to invert the values to cater to both bullish and bearish sentiment analysis.
Users can choose between two methods to calculate the standard deviation used in the Z-score calculation:
- Min/Max Mode: Utilizes predefined SD bands based on extreme values of the metric for consistent scaling.
In this mode, users can specify the SD Bands Cap to adjust data distribution and the interpretation of outliers. - Lookback Mode: Adapts dynamically to recent data, providing flexibility based on market volatility.
In this mode, users can define the Lookback Period to calculate the SD and mean of the metric.
The indicator also allows plotting a Simple Moving Average (SMA) of the Z-scored metric for additional signal smoothing.
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本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。